whatsapp

Connect on Whatsapp : +1 206 673 2541, Uninterrupted Access 24x7, 100% Confidential. Connect Now

How many clerks can be justified on a cost basis?

During the early morning hours, customers arrive at a branchpost office at an average rate of 45 per hour (Poisson), whileclerks can handle transactions in an average time (exponential) of4 minutes each. (a) Find the average number of customers waitingfor service if 6 clerks are used. (b) Determine the minimum numberof clerks needed to keep the average time in the system to under 5minutes. (c) If clerk cost is $30 per hour and customer waitingtime represents a “cost” of $20 per hour, how many clerks can bejustified on a cost basis? Do not use excel. Explain every step inyour answers in detail.

Solution:

Looking for help with your homework?
Grab a 30% Discount and Get your paper done!

30% OFF
Turnitin Report
Formatting
Title Page
Citation
Place an Order

Calculate your paper price
Pages (550 words)
Approximate price: -